Payment Schedule
A payment schedule is the agreed-upon timeline and frequency for making payments on a loan or credit account. The payment schedule specifies when the payments are due, the amount due, and the total number of payments required to pay off the account.
-
Update the payment schedule condition such as payment method from capitalise to pay, payment frequency from monthly to quarterly etc., on an account
-
Retrieves the payment schedule of an arrangement account
Add or Remove Account Holders
It is a common banking practice to have more than one party, for example joint-holders, in a deposit. This section describes how a bank can maintain the deposit contract by adding or removing parties to an existing deposit.
-
Update the customer details of the term deposit such as add or remove joint customers
-
Update the customer details of the term deposit such as add or remove joint customers
-
Retrieves all the customer details for the given arrangement such as customer id, customer name, customer role, their beneficiary type, limit allocation percentage, GL allocation percentage and tax liability percentage.